4
| News |

We Wondered What Happened to the 330-Unit Complex Planned Next to Farmers Market

^
Keep Dallas Observer Free
I Support
  • Local
  • Community
  • Journalism
  • logo

Support the independent voice of Dallas and help keep the future of Dallas Observer free.


View Larger Map
Speaking of Dallas Farmers Market ...

It was exactly one year ago that the Dallas City Council agreed to give Trammell Crow Residential $2,687,500 out of the Farmers Market TIF to expedite the construction of what was then known as the Alexan Farmers Market Project. The city also agreed to "provide funding for the design, engineering, professional services, and construction of public infrastructure improvements" for the guesstimated $47 million project, which, according to last year's Farmers Market TIF District annual report, was expected to bring 330 new residential units to downtown spread over 300,000 square feet located directly across the street from the market and the Camden Farmers Market complex.

But there's been little news about the project during the last year, and that plot of land remains little more than a weedy, occasionally very muddy overflow parking lot during peak hours. So when I saw the Alexan Farmers Market on the Farmers Market TIF District Board of Directors' meeting agenda for Wednesday, I thought it'd be a good time to catch up its progress. Only ...

"Due to the state of the economy, we're no longer pursuing that site and that project," Darren Schackman, TCR's senior managing director for the North Texas Division, tells Unfair Park today.

"It shouldn't be on the agenda." As it turns out, TRC no longer has the property under contract.

But will TRC revisit the proposed development when circumstances improve? Long pause. Then Schackman says, "We'll certainly keep all options open."

Keep the Dallas Observer Free... Since we started the Dallas Observer, it has been defined as the free, independent voice of Dallas, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Dallas with no paywalls.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.

 

Join the Observer community and help support independent local journalism in Dallas.

 

Join the Observer community and help support independent local journalism in Dallas.